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20121207
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that walmart appealed. opponents say that they have not decided whether they will appeal. >>> president obama tried to appeal to average americans to that in his latest effort to avoid the on-coming fiscal cliff. with time running out, there's hopeful talk but no real solutions. >> reporter: backed by 15 million americans, president obama says that he's optimistic about avoiding the so-called fiscal cliff, while at the same time pressuring law makers to get it done. >> i'm asking americans all across the country to make your voice heard. tell congress what a -- >> reporter: extra $2,000 in taxes next year if congress can't reach a deal by december 31st. republicans and democrats are at odds over taxes and entitlements, on taxes, the president wants them raised over $250,000. and the republicans disagree and instead want to cap them at 50,000. >> we're willing to put revenues on the table, as long as we're not raising the rates. >> reporter: balking at cuts to medicare, medicaid. and. >> we have already agreed to a trillion and a half dollars in cuts. in this session of congress. >> reporter:
. >>> president obama speaks about chemical weapons. >> there will be consequences and you will be held accountable. >> syria cently moved its stock pile of weapons. the president stole told syria's president the world is watching. secretary of strait clinton called it a red line for the u.s. neither she nor the president said what action the u.s. might take. >>> health experts say the flu season is off to its earliest start in 10 years and it is shaping up to be a bad one. the cdc said except every state except vermont is showing signs of the flu. they recommend getting a flu shot. there is a free clinic tomorrow. >>> scientist meeting in san francisco today unvailed a new technology that could help better predict storms. it keeps track of the pineapple express winter storms. those rivers are monitored by ground moisture sensors and gps. the new technology was presented at the american gee you physical convention today. >>> the results are in from the first test of marsian soil. right now scientists say they have no evidence to support life. it also came from the meeting of the geo phy
else on the platform help and some ran away. >>> president obama says she holding firm on his position to raise the tax rates on the highest earning in effort to avoid the fiscal cliff. >> let's allow higher rates to go up for the top 2% that include all of you, ewhy. >> the bet business leaders in washington, d.c. after word he spoke by phone john boehner. they provide new details to the conversation. the republican plans include $60 billion in spending cuts to federal healthcare programs. >> we have to cut spending and i believe it's appropriate to put rev news on the. >> speaker boehner says his plan will bring in $800 million in new tax revenue. >>> on wall street stocks closed mix. nasdaq fell by 22. led by apple. analyst today suggests am could lose ground to competing android products. >>> big cuts coming to cityback. 11,000 jobs worldwide. that'll save more than a billion dollars a year in expense. bank plans to scale back consumer operation in other country. not sure how many jobs cut in the u.s. >>> and the annual tree lighting ceremony. >>> the tree lying with a help of ten-
of an electrical panel. >>> congress could ruin christmas according to president barack obama. the speaker flatly rejected their proposal. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. that is sort of like the lump of coal you get for christmas. the scrooge christmas. >> the president's proposal calls for extends the tax cuts for the middle class. according to the speaker, republicans are not interested in any plan that raises taxes. >> increasing tax rates draws money away from our economy that needs to be invested in our economy to put the american people back to work. now, it is the wrong approach. sthao republicans want the tax cut extended for everyone not just the middle class. they will work towards an agreement before the january 1st deadline. the gridlock on capitol hill was left unchanged. nasdaq dropped chose to 2. the judge says the boy scouts do not have to release files containing decades of sexual abuse complaints. a court in texas allowed the release of files from 1959 to 1985. they listed hundreds of cases in
obama held his ground insigs on higher tax rates for the top 2% of the wealthiest americans. >>> the political wrangling but a damper on wall street as stocks finished slightly lower in a light strad trading day. the dow jones industrial lost 13, the nasdaq shed 5. shares in oakland-based pandora are plum etting after hours. the internet radio company posted better-than-expected quarterly results but lowered its outlook for the rest of the fiscal year. the company is facing stiffer competition from the likes of apple and microsoft. both companies are launching their own music service. pandora shares dropped 17% after the closing bell. >>> now, numbers and new numbers show home sales in california remain steady, a sign of the recovering housing market, but as john reports, in one bay area community, the supply of homes on the market is as tight as can be. >> tuesday's in walnut creek are normally reserved for real estate brokers to tour each other's available homes, but today the inventory was anything but normal. >> there are very few listings on the market, and that's causi
Search Results 0 to 4 of about 5